IKEA to Acquire 46 MW Wind Power Farm in Canada
Submitted by aburr on Mon, 2013-11-25 15:06Mainstream Renewable Power has closed a deal to sell its 46-MW Oldman 2 Wind Farm, located in Alberta Canada, to IKEA. Mainstream has commenced construction of the project at a cost of approximately CAD$90m and it is expected to be operational in the autumn of 2014 at which point IKEA will purchase the plant. As part of the deal Mainstream will continue to operate and maintain the wind farm on behalf of IKEA for its lifespan.